What is Usechain

Usechain is a unique platform, based on Blockchain technology, which is designed to identify a person's identity and bind this data to different services. These can be purses for storing crypto-currencies, various applications, insurance services and various banking services, and much more.   

 The project implements the principle of a mirror identification protocol, where development and innovative solutions for the detachment are used. In general, it can be noted that the main idea of the platform is to eliminate the delays at this stage that prevent the implementation of the blockchain and ensure a quality balance between the likely steps for future scaling, as well as in accordance with the principles of security and decentralized management.

Features Usechain

The architecture and all the technological solutions of the platform are aimed at satisfying the requirements of mass application, we will consider some of them:

Multi-level authentication mechanism for users

The essence of the mechanism is to establish a connection between the address of the wallet in the network and the identity of its owner, and only this connection is kept in the locker, so personal data remains in the safe state. 

New Consensus - RPOW 

RPOW (stands for Randomized Proof of Work or randomized, random PoW) is built on the basis of current consensus algorithms and provides more transactions per second with less power consumption and lower hardware requirements for hardware (For example, it is planned that the "coin" you can even on mobile devices).As a result, such a consensus provides a high level of network security, high performance and low power consumption. 

Network technology of shading

Sharding is rightfully considered to be the next big word in the detachment, he also applies to Usechain. Let me remind you that this technology allows you to go through the confirmation of the transaction only within the fragment to which the address belongs, which significantly increases the speed of the system with virtually no vulnerabilities. 

Virtual machine identification

This is a new standard of smart contracts, allowing you to interact with external applications and significantly increase the number of application scenarios on Usechain.

Tolerance for network problems

If one of the nodes has a controversial situation, these blocks are frozen, and their fate will be decided in a special order. 

  

The new generation blockchain. The "Usechain"

The blockchain and it's connected technology has been creating waves all round the globe, however out of these teams of technology,non has been able to match Usechain in terms of standards and development.Usechain is a project dedicated to the creation of the world's first mirror-based identification. Based on existing blockchain technologies, Usechain is integrated with several levels of structure and technology.

 The poor scalabilty and performance, unskillfulness of the blockchain system have restricted blockchain use to solely cryptocurrency, trading associate degreed exchange that is extremely restricted to an extent. However, The Usechain is especially the primary mirror identity. The  main gole of the  Usechain foundation to develop well defined and a true credit system, creating it attainable for shoppers to get pleasure from all services and product supported credit.

Advertising generates the overwhelming majority of revenue within the search and social media parts of the net business. Google, Yahoo, and Baidu all bank heavily on financial gain from advertising. in keeping with computer programme Watch, forty seventh to sixty four of total web site traffic comes from search engines. this permits search suppliers to charge vendors for show ad placement or sponsored search results. widespread social networks reminiscent of Facebook and Twitter became common mediums for communication and recreation, leading to serious traffic and access to substantial user knowledge. 

This system is using a mirror identity protocol with best available innovations in structure style and technology to speed up the developing blockchain and convey an ideal balance between scale, security, and decentralization. 

Usechain, as Associate in Nursing scheme is growing quick and can hold thousands of credit-based and identity-based applications within the future.

The Identity mapping for Usechain is developed supported the solid technological foundation with higher performance and secured infrastructure. this may be centering to the only identity mapping in order that Usechain is ready to apply a good vary of applications goes the eventualities of needed identity.

The competitive advantage from the industrial field is additionally illustrious to the business faculties wherever it will continue all the inputs for the appliance platforms beneath the motivation of Usechain foundation. this may assist the worldwide community in stimulating the event of the Usechain system and leading the trade into blockchain 3.0.

Usechain can use identity mapping system to implement mirror identity. By doing therefore, attested user entities and addresses on-chain are mapped. Hence, solely the mapped relationship is recorded, whereas alternative info stays covert.

This way, the mirror identity protocol is making AN surroundings wherever the users' non-public info stays uncompromised with the assistance of blockchain technology.

If you're the type of one who is already harping on and on concerning decentralization method} it's dynamic the way we tend to do business and move with one another, you're truly in a very little crowd.

We have not been able to bring everybody on board. you must want Tim-Bernes Lee and his very little band of researchers at CERN within the late 80s after they started the web.

You must be inquisitive, 'when can my grandmother use blockchain without fear concerning wait times, dealing fees, hacking,etc.?'

The reason is that there aren't any wide adopted public blockchains. Banks, Social Media behemoths, act Currencies, Insurance brokers and every one manner of centralized enterprises still dominate however we tend to do business.

Used along, these technologies can assist the blockchain to attain high levels of security and performance, however conjointly permit public participation and mass adoption.

The blockchain can permit people, assets, things and objects to attain identity mapping and perform extremely cost-efficient and trustworthy transactions, instantly.

With the enabled identity tokenization, entities will use the resident UST token to get identity tokens and bypass cash transfer fees.

The blockchain will enhance trust-based interactions through name building, steam-powered by the changelessness of blockchain records.

Other eventualities are increased and interest-free loans, insurance, games, decentralized exchanges and passive assets.

Benefits of the ecosystem Usechain

Like the whole line of perspective blockchain projects Usechain has a number of undeniable advantages:

• The security of the management structure and the reliability of the infrastructure. All security activities will be focused on a single principle of matching the identity of a user or specific tasks. This is one of the priorities of the ecosystem, which will improve the order of identification, combining with security.

• Participation of all members of the community. To manage the ecosystem will be involved all the participants of the platform. Modern technical developments will be implemented, which will help reduce the computing power, the cost of electricity for users.

• Complete independence from energy costs. The problem with energy costs will be solved by new technical capabilities in the ecosystem. Depending on the user's hasht, the possible options for energy costs will be determined, while reducing its cost.

• High performance. Within the framework of the project, additional companies and resources will be connected that will allow increasing the productivity of the developed applications.Within the framework of the project, during the pre-sale phase, from 16 May to 06 June 2018, special remuneration conditions will be provided for those who will post content in social groups and networks, promoting the project in different languages of the world.

The project team:

 Particular attention should be paid to the team of this project. Some of the members of the team:: founder of CEOFinance, co-founder CMOMarketing, senior financial specialist Thousand Talents, more details about the team members below.  

ROADMAP:

Q2 2018 :Develop privacy protection system.

Form core community and achieve 50000+ people.

Q3 2018 :Develop software-based RPOW consensus algorithm.

Develop enhanced smart contracts.

Develop TPOS consensus algorithm.

Launch beta version of main chain.

Achieve 100000+ people in the community.

Launch the first DApp.

Q4 2018: Set up sub-chain structure.

Develop cross sub-chain communication

Build Usechain eco-fund to accelerate ecosystem development.

Develop multi-industry vertical community.

2019: AI system of address behavior analysis.

Develop tokenized multi-node system.

Develop hardware-based RPOW consensus algorithm.

More multi-industry identity-based DApps.

Launch decentralized exchange.

Conclusion

 I consider the project rather ambitious in terms of not only saying that it is revolutionizing the system of detachment, but also doing it. The team is very carefully prepared, many of them, as indicated in their profiles, have worked for many years in leading or very good positions in different areas of IT and data analysis. Of course, only time will tell what will come of this project in reality, but now he has shown a lot.The road map is also quite developed and it is worth paying attention to, when preparing the whitepaper it was clear that the team is highly qualified and understands what is going on and when it should achieve it. 

Following more information;   

Whitepaper: https://www.usechain.net/usechain_en.pdf 

Website: http://www.usechain.net/ 

Weibo: https://weibo.com/usechain 

Twitter: https://twitter.com/usechain 

Facebook : https://www.facebook.com/UsechainFoundation/ 

Telegram: https://t.me/usechaingroup 

Medium: https://medium.com/usechain/ 

Bitcointalk: https://bitcointalk.org/index.php? topic = 3432061.0 

Reddit: https://www.reddit.com/user/Usechain 

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